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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Gib Bogle who wrote (5892)4/28/2006 5:53:10 PM
From: Maurice Winn  Read Replies (2) | Respond to of 218882
 
Gib, quite right. Add up the costs, which are very well known, and go with the best option.

You might note that Japan, France, Britain, France, USA, which didn't have much oil [at the time, in the right place] are the countries with lots of nuclear reactors. Saudi Arabia and other OPEC countries never quite got around to it for some odd reason.

Iran has the gas, but will have to ship it all the way to India to produce electricity. When they say they need it right there where they are. It's not exactly a complex equation, though of course the real answer is that they have vast reserves of gas, so they can pipe it to all over the place and pay for the pipeline and a nuclear reactor with the proceeds and as a little sideline, which is the real issue, get The Bomb.

Mqurice